ByTy Roush,
Forbes Staff.
The S&P 500 surpassed 7,000 points as trading opened Wednesday, the latest milestone for the nearly 70-year-old index as big tech has boosted the market in recent years.
The S&P 500 briefly rose to 7,001 shortly after trading commenced on Wednesday, before gains pared back to just 0.2% below the 7,000-point threshold.
Broader gains were headlined by Intel, whose shares surged 9.4%, followed by Starbucks (4.9%), Nvidia (1.7%), Tesla (1.5%), Adobe (1.5%), Charter Communications (2.3%) and Texas Instruments (8.3%).
